Azhidi was arrested yesterday and brought before Kuala Lumpur Sessions Court Judge Azrul bin Darus today. The SC made an application to revoke Azhidi’s bail on the basis that he had breached his bail conditions by failing to appear in court on two separate occasions and to report to the SC’s Investigating Officer (IO)
as required on 2 May 2024.

The court agreed with the SC’s submissions and proceeded to revoke Azhidi’s bail. He was subsequently taken into custody and will be remanded pending the completion of his trial.

Azhidi was first charged in the Kuala Lumpur Sessions Court on 14 February 2022 for charges relating to his acts of deceiving nine investors of approximately RM1.45 million between May 2013 and March 2014. He was also charged for holding out as a representative of AmFutures Sdn Bhd without a Capital Markets Services Representative's Licence.

Azhidi had claimed trial to the charges and was granted bail at RM250,000 with two sureties, pending the completion of the trial against him. In addition, he was ordered to surrender his passport to the court and to report to the SC’s IO once a month.

The trial against Azhidi proceeded and to date, the SC has called 18 prosecution witnesses to testify in court.

On 15 April 2024, Azhidi failed to attend court for a case mention, upon which the SC applied for a warrant of arrest against him. The Sessions Court judge proceeded to issue a warrant of arrest against him.

Consequently, the SC listed Azhidi as a wanted person on its website and social media platforms as part of numerous efforts to locate him. Despite this,
Azhidi remained at large and failed to attend court for a subsequent case mention on 15 May 2024. He also failed to report to the SC’s IO for the required
monthly reporting in May 2024.